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> mohammed morsi said he would not tolerate anyone trying to overthrow what he calls his legitimate government but the protestors say they'll continue. seven people are dead after violent clash this is week. >>> and historic visit by the leader of hamas to gaza tbeen e years. his party has been in control of the gaza strip for five years and he is arriving to mark the 25th anniversary of hamas' founding. >>> software mowing up john mcafee is back in jill after a brief trip to the hospital. he told the associated press he suffered chest pains but didn't believe he had a heart attack. this happened yesterday just hours after guatemalan officials rejected his bid for asylum. he was arrested for illegally entering the country on wednesday after weeks in hiding. he is a person of interest in the november killing of his american neighbor in belize. >>> a message from metro to some of its drivers, go to bed earlier. >>> what happened when one man tried to pull over a police officer. we'll see it. up next, we'll look at your weather and traffic as well. stay with us. oh, you have a a keurig vue brew?
> mohammed morsi said he would not tolerate anyone trying to overthrow what he calls his legitimate government but the protestors say they'll continue. seven people are dead after violent clash this is week. >>> and historic visit by the leader of hamas to gaza tbeen e years. his party has been in control of the gaza strip for five years and he is arriving to mark the 25th anniversary of hamas' founding. >>> software mowing up john mcafee is back in jill after a brief trip...
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and many states and governments are doing that. in the short-term, however, it's another question when you're in an economically very difficult time, if the states and local governments don't get money it forces to raise taxes or increase unempyment both are which are bad for the economy. conservative president bush had three efforts to provide state aid to state and local governments that were suffering during an ecomic downtournament. >> brenda: quickly, julian. >> and supported in the past. >> brenda: todd, what do you think. >> when is it going to end. you bail out detroit and next is harrisburg, pennsylvania. a ng list, doug. why do we have to save detroit? pick your city. i don't think it's right you have somebody out there, man made, blew through their budget, going bankrupt, d't have a strategy for recovery right now except to go hat in hand back to washingn. when you look the at all of that, why is it that i have to, as a taxpayer, continue to il out the other cies? it's just not fair and it's not right. >> brenda: got to
and many states and governments are doing that. in the short-term, however, it's another question when you're in an economically very difficult time, if the states and local governments don't get money it forces to raise taxes or increase unempyment both are which are bad for the economy. conservative president bush had three efforts to provide state aid to state and local governments that were suffering during an ecomic downtournament. >> brenda: quickly, julian. >> and supported...
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families and plenty of heroes,nd teachers and so forth, and you're rig out of washington we've allowed our government to create a lead weight of debt that brings us down, down, down, instead o great things and turned over the rush shins and chinese and surrendered our enormous lead in the space program because of other indebtedness. it's heart breakinghat this whole enormous adventure of outerpace has now passed from the united states to other countries. it's just a heartache. >> do you think, charles payne, that we could have done what we did in the states and even initiated a race, if we had the debt, if we do now back then? >> 16 trillion? i, you know, it would have been a lot tougher to push it through. i do want to get back to what adam was saying. there's big difference between being a public servant to your constituents to america, and being this servant to an agenda or an ideology. i applaud like charlie gaerino barack obama's suess, john boehner's success, came in humble beginnings, but neither one of us are doing us a favor. neither one of them are deserving of hero worship in a country fal
families and plenty of heroes,nd teachers and so forth, and you're rig out of washington we've allowed our government to create a lead weight of debt that brings us down, down, down, instead o great things and turned over the rush shins and chinese and surrendered our enormous lead in the space program because of other indebtedness. it's heart breakinghat this whole enormous adventure of outerpace has now passed from the united states to other countries. it's just a heartache. >> do you...
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and part of tis is being subsidized by the government through record disability payments. lou: disability aymts from social security administration, taking that a side when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we ae looking at the prospect of having one in the quarter workers for every one person on welfare and working the government. we are reaching a dangerous, dangerous to pinpoint in this countr and we hae nancy pelosi, the minority leader saying that you cannot cut your way to deficit reduction. mind-boggling. >> it is mind-boggling. after the second world war we cut our government spending by 60 percent. the economy boomed. we cut ourselves all the way into a big surplus. isel was in a ctastrophic crisis inthe m 80's. it cut its way drastically to a surplus. lou: this country has a long history. >> and new zealand. lou: this country, if we can be parochial allotted for a moment, we can learn from our own experience. it is pretty clear that when we talk about, as this administration has, returning
and part of tis is being subsidized by the government through record disability payments. lou: disability aymts from social security administration, taking that a side when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we ae looking at the prospect of having one in the quarter workers for every one person on welfare and working the government. we are reaching a dangerous, dangerous to pinpoint in this countr and we hae nancy pelosi,...
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the government made all his mistakes, so the really wealthy people can pay for it all. speak the whole point is it can fit the bill. we'll add $10 trillion of debt, doesn't obama taught no tax increases. we're talking cover the debt over that time. it is not enough to prevent a debt crisis down the line. tracy: we have seen it time and time again. thougthe ability to wealth if yu have access to important people. they don't have to pay taxes after all. >> people don't work as hard as ithey otherwise would have, dont take risks so don't get the growth have not raised taxes. i think that's what would happen if we went with president obama's plan. they come it will not grow as fast as it would have. speetracy: inevitably our taxesl go up because the wealthy do not pay as much as they thought. >> there's not enough revenue at the top to fit the bill. they still need to get back to where they get is coming from, spending on entitlement programs as social security and medicare. tracy: we spent $270 billionn3 from 21,022,014 on this credit, how come we don't talk about that? >>
the government made all his mistakes, so the really wealthy people can pay for it all. speak the whole point is it can fit the bill. we'll add $10 trillion of debt, doesn't obama taught no tax increases. we're talking cover the debt over that time. it is not enough to prevent a debt crisis down the line. tracy: we have seen it time and time again. thougthe ability to wealth if yu have access to important people. they don't have to pay taxes after all. >> people don't work as hard as ithey...
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the agency's, the salaries of all government employees. more of a leg to stand on about fairness and taxing the rich. if our politicians would give up their entitlements we would save the country billions and not have to affect the eneral public and their social security and medicare. dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the bi shot hollywood agency william morris to represent him in the next phase of his career. william morris is run by r.e.m. manuel, the brother of chicago mayor and the inspiration for the character ari goldman the
the agency's, the salaries of all government employees. more of a leg to stand on about fairness and taxing the rich. if our politicians would give up their entitlements we would save the country billions and not have to affect the eneral public and their social security and medicare. dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you...
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government. what becomes of a123 now? essentially johnson controls within also bidding during the bankruptcy process for the battery part of the business dropped out. when they said, there bidding is too rich. we don't think the price matches the assets. they dropped out. a123 does have about 3,000 employees in the u.s. this has to be approved by the committee for foreign investment. remember, this is what hatches when you have a foreign firm buying a u.s. company like this. it has to be approved and there are more than a prove, mandy and brian, in washington, saying, do we really want the wanxiang group having access to the assets of a123. a123 add little bit of defense work, and it went to a different company. we will see whether or not this deal gets approved. >> let's bring in alan, research fellow at u.s. business and research council. thank you for joining us. >> my pleasure. >> you think this deal should not be allowed, how come? >> this is so mind-boggling stupid. i can't believe it's even come up. the last thing
government. what becomes of a123 now? essentially johnson controls within also bidding during the bankruptcy process for the battery part of the business dropped out. when they said, there bidding is too rich. we don't think the price matches the assets. they dropped out. a123 does have about 3,000 employees in the u.s. this has to be approved by the committee for foreign investment. remember, this is what hatches when you have a foreign firm buying a u.s. company like this. it has to be...
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john: not governments. >> nothing to do with government . and we actually agree about that i told you [laughter] john: un delighteded. how about the other issue. i am told there are food deserts' where poor people live and we have to invite supermarkets in, give them tax breaks or maybe pay for it because they cannot get fresh food. that is why they are fat. >> ever since, you know, that original ms. -- missed came out about the food doesn't we found out that by doing research it really was not true at all. and they actually do have the supermarkets. you still have a choice, and we are right back to where we go again. i want a ground surge of citizens out there who are highly enlightened about this too can finally get on out and do something for themselves. they are the ones with the choice here, and they need to be doing that for their families as well. john: voluntary. >> nutritionists. john: thank you. coming up, our taste test. to you prefer beef steak or zebra steak? our audience will weigh in. also, are you ready to eat some swine? [ap
john: not governments. >> nothing to do with government . and we actually agree about that i told you [laughter] john: un delighteded. how about the other issue. i am told there are food deserts' where poor people live and we have to invite supermarkets in, give them tax breaks or maybe pay for it because they cannot get fresh food. that is why they are fat. >> ever since, you know, that original ms. -- missed came out about the food doesn't we found out that by doing research it...
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twenty-seven rular government schools get results because they are a government monopoly of almost always do a lousy job. up against the education blob that his job of the hunt teachers' union comment janitor union, bureaucrats they're resist chae that is why -- while i was excited charters schools. schools could experiment the parents would see how much better it could be and kids would benefit from the innovation. it is not happening. sometimes. but the center for education reform says the charter movement has gone wrong. what happened is an example. >> my group have put together an application to start a charter school and we have been repeatedly stonewalled 57 because of your own daughter's experience you've got together with people and said we will start a charter. >> the first application was 100 pages could. denied. >> they said there was not a need we had typographical errors in the plication. john: wouldn't mcdonald's like to say that to burger king? >> yes. john: you try again. >> we fixed them and we got more people involved and we needed to show more apparent support. the firs
twenty-seven rular government schools get results because they are a government monopoly of almost always do a lousy job. up against the education blob that his job of the hunt teachers' union comment janitor union, bureaucrats they're resist chae that is why -- while i was excited charters schools. schools could experiment the parents would see how much better it could be and kids would benefit from the innovation. it is not happening. sometimes. but the center for education reform says the...
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going back to food stamps and the idea of government promoting that. we have a farm bill that proposes four billion in cuts to the food stamp and the agricultural committee chair woman said they would be more open to cutting back more. >> rich, i see all of the advertising of the government to put people on food stamps and 15 million more people on food stamps after that government program, isn't there a relationship there? >> there is . victoria properly stribes something that you call the welfare industrial complex. it gets to a certain size and looks on behalf of itself and that is a bad thing. we have another crisis here that is related. we have a growth crisis. we are growing at two perce and should be growing at four percent annually and right tax and regulatory policy to liberate job creators to do that i don't think we would have a food stamp crisis. >> i think think all of us could agree. that is keeping poor people poor because they are pushing welfare programs. >>, you shouldn't be shocked with theureaucracy and advertising in promotion to j
going back to food stamps and the idea of government promoting that. we have a farm bill that proposes four billion in cuts to the food stamp and the agricultural committee chair woman said they would be more open to cutting back more. >> rich, i see all of the advertising of the government to put people on food stamps and 15 million more people on food stamps after that government program, isn't there a relationship there? >> there is . victoria properly stribes something that you...
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maybe the government is simply making a peace savings. i do know seniors cannot save $5 billion without someone paying the price. melissa: thank you. be sure to watch the tom sullivan show this weekend. have all wonderful weekend. happy friday, everyone. we will see you back here on monday. ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone, how did you find the best one? we have you covered. "welcome to "the willis report." hello, everybody. i'm gerri willis. tonight no progress on the fiscal cliff as democrats and republicans trade barbs over the issue. one group of americans is finding a way through this regardless of congress and the president. small-business owners in this country are preparing to hire. join me now, chief u.s. economist for i may just pull one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who
maybe the government is simply making a peace savings. i do know seniors cannot save $5 billion without someone paying the price. melissa: thank you. be sure to watch the tom sullivan show this weekend. have all wonderful weekend. happy friday, everyone. we will see you back here on monday. ♪ gerri: tonight, did president obama break the law? some in the senate say yes, and now the cases in front of a judge. we will have a heated debate. with more than a million charities and the u.s. alone,...
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it's possible we'll see forbearance on the part of the federal government? >> potentially. >> been doing phenomenal reporting on this issue. thanks for your time. a crash course is how now level at a time a meal for four people. that's up next. [ woman ] too weak. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. the end of trial and error has arrived. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. than giving her a diamond is surprising her with one. save the surprise. shop online and ship to any zales store free. only at the diamond store. ♪ i'm lost in the light hi, i'm ensure clear
it's possible we'll see forbearance on the part of the federal government? >> potentially. >> been doing phenomenal reporting on this issue. thanks for your time. a crash course is how now level at a time a meal for four people. that's up next. [ woman ] too weak. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at...
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Dec 5, 2012
12/12
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still it heightens the pressure whose founder steve cohen has been personally implicated in a government case alleges insider trading. cnbc was first to report on a investor redemption, and since then at least one other big -- has followed suit. other investors are showing concern and we may see more outflowing given the next redemption is around february 15th y thbs has learned the flagship is up nearly 12% year to date against an average head fudge return of about 2%, 3% overall. add the fact that cohen has said he's confident that he and his company has named appropriately, there's still quite a lot arguing for these guys. >> important to note when we do this story every time. cohen himself hasn't been charged. >> correct. >> s.a.c. hasn't been accused. >> only a subsidiary uchbt. >> this was a former portfolio manager who worked for that unit. >> correct. >> at what point -- who has to pull their money for it to get people to notice. >> here's the key point. all of this has symbolic value, and i think this has turned a corner for people psychologically. i do have cohen allegedly invo
still it heightens the pressure whose founder steve cohen has been personally implicated in a government case alleges insider trading. cnbc was first to report on a investor redemption, and since then at least one other big -- has followed suit. other investors are showing concern and we may see more outflowing given the next redemption is around february 15th y thbs has learned the flagship is up nearly 12% year to date against an average head fudge return of about 2%, 3% overall. add the fact...
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government services are starting to get cut in cities in calirnia . so i tell you, it doesn't cut it when you have things like let's raise the retirement age to age 52. >> the fact is, these things are going broke. right now the budget26 percent of la's budget is consumed by the budget cuts and what are you going to do? >> i agree. there is it a problem with pensions . they are underfunded and we need to do something about it and the big thing here dav, let's be fair and they are benefits that a promised to the employees and we nide to make them whole and they were promed in llieu of pay. >> mike, no one is talking about taking away what was promised. this was for new employees and going into the future. one of the things this will stop david is the way politicians get taxpayers to sign off on the pensions. only so much in salary and we are going to make up the difference and benefits with investment returns . they don't materialize you get situations like california. in california they are shutting down entire strites. >> i think everybody we have to
government services are starting to get cut in cities in calirnia . so i tell you, it doesn't cut it when you have things like let's raise the retirement age to age 52. >> the fact is, these things are going broke. right now the budget26 percent of la's budget is consumed by the budget cuts and what are you going to do? >> i agree. there is it a problem with pensions . they are underfunded and we need to do something about it and the big thing here dav, let's be fair and they are...
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big government. >> ultratech is the one you like. they make chips. >> they make equipment that makes the chips. it is it a cverage way to play. >> j.p. morgan you like them. >> analyst expect a drop off andt could affect the company. >> yes, it will. hang in there for the term. >> that's it for forbes on fox. have a wonderful weekend. number one business block continues with cheryl casone and cash in. forget your hard earned paycheck. are unemployment checks going to stimulus the econo. house minority leader nancy peel pole said yes. >> it is more injected by unemployment insurance. >> okay, to get this number down, get the number of pele on these lines that you are looking at up. how ishat going to work. i am cheryl casone and welcome to cashin in . joining u is trace yejohn and ristian dorsey . welcome to allf you. tracey, benefits the best form of stimulus, really, you agree with that? >> the only thing that jobless stimulus benefit is apathy it is it easier to stay at home and collect a check than work at mcdonalds. we are so laz
big government. >> ultratech is the one you like. they make chips. >> they make equipment that makes the chips. it is it a cverage way to play. >> j.p. morgan you like them. >> analyst expect a drop off andt could affect the company. >> yes, it will. hang in there for the term. >> that's it for forbes on fox. have a wonderful weekend. number one business block continues with cheryl casone and cash in. forget your hard earned paycheck. are unemployment checks...
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it is it state government and federal government funded by the lottery. there is a defense between taxes that are forced and lotter which i it. >>> and i think the point. >> there is no way. if you make it vuntary. >> i can't hear anybody! >> and the bigger point here, you got to start somewhere. anybody who comes wup a solution. if it doesn't cover the full pad they slam it down and they say it will not work it is all about the baby steps. we are so screwed up. >> i disagree with that. >> a two dollar lottery. why is it ridiculous julian. >> you are talking about raising billionsnd we have to raise four trillion. >> that's not the only thing to do. >> it is it nolt. we'll not have a cookie today because i am trying not lose five pounds for the moll day. >> it is not funny. the fact of the matter we are taking big steps this is between two or three trillion debt reduction package. it is significant things. we are nolt dealing with serious other thans right now. we are throwing big nbc out there. three trillion over three years and why not hundred years an
it is it state government and federal government funded by the lottery. there is a defense between taxes that are forced and lotter which i it. >>> and i think the point. >> there is no way. if you make it vuntary. >> i can't hear anybody! >> and the bigger point here, you got to start somewhere. anybody who comes wup a solution. if it doesn't cover the full pad they slam it down and they say it will not work it is all about the baby steps. we are so screwed up....
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, but little government, right? >> well, i guess we're talking a little bit of both. because illinois makes everybody's government look little or small by comparison. you know, on my license plate it says illinois, land of lincoln. but my guest, wes mosser, wes, what a great first name. i feel like that should be a character in a clint eastwood movie. what did you call illinois? >> land of 10,000 governments. >> is that the most in the entire country? >> most in the country. >> i want you to tell me first of all how you know this? >> well, every ten years the census bureau does a survey of local governments and they count up all the local governments for every state in the whole country, school districts to basic districts, anything with taxes authority -- >> let me start you right there. anything with taxing authority. so, there is a reason for the proliferation of illinois fifedom and that is to get inside people's wallets. so you're talking about raising money. whether it's through municipal bonds like board of e
, but little government, right? >> well, i guess we're talking a little bit of both. because illinois makes everybody's government look little or small by comparison. you know, on my license plate it says illinois, land of lincoln. but my guest, wes mosser, wes, what a great first name. i feel like that should be a character in a clint eastwood movie. what did you call illinois? >> land of 10,000 governments. >> is that the most in the entire country? >> most in the...
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or who are working for the massive government apparatus. during this christmas season we all should emulate officer deprimo. that help may be futile. if the federal government doesn't wise up and impose some discipline on the incredible, incredible entitlement spending, america's economy will eventually collapse: president obama needs to invite jeffrey hillman to the white house. he needs to talk to the man with no shoes. he needs to see what is actually happening in this country. got to get real about government spending. and that's the memo. now for the top story tonight and this is incredible. the pennsylvania department of public welfare says that a single mother with two children is better off taking a job that pays $29,000 a year than a job that pays $69,000 a year. why? because of entitlements. joining us now from our new york studio fox business anchor lou dobbs. so, lou, explain, this please. >> well, bill, first i think we have got to give great credit as you mention to the department of public welfare in pennsylvania they are bei
or who are working for the massive government apparatus. during this christmas season we all should emulate officer deprimo. that help may be futile. if the federal government doesn't wise up and impose some discipline on the incredible, incredible entitlement spending, america's economy will eventually collapse: president obama needs to invite jeffrey hillman to the white house. he needs to talk to the man with no shoes. he needs to see what is actually happening in this country. got to get...
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i wonder whether the country is shifted to -- yeah we like government, the more the better, shut up. >> you areargely correct. the point is, weave 48 or 49% of country getting direct benefits from government, and8 or 49% paying no tes. think of the republican constituents, a lot are seniors, they depend on social security some medicare, and republicans saying we'll give you tax incrses and shave back social seccrity and shave backk medicare. to what constituency are they appealing? a couple making a hundred thousand a year, 2,000-dollars ght off th top, a huge share of theiriscretionary income, republican party will have t go back to the drawing board, and decide who and what it is, and whom it reprents. neil: i have to get -- the a backbone first. >> thank you, patrick. >> thank you. neil: taxes areo high here that companies stash cash everywhere but here, ralph nader on the money drain that is causing us a lot of pain. want to try to crack it? yeah, that'she way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and pers
i wonder whether the country is shifted to -- yeah we like government, the more the better, shut up. >> you areargely correct. the point is, weave 48 or 49% of country getting direct benefits from government, and8 or 49% paying no tes. think of the republican constituents, a lot are seniors, they depend on social security some medicare, and republicans saying we'll give you tax incrses and shave back social seccrity and shave backk medicare. to what constituency are they appealing? a...
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and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning yet. >> the president of the united states made it clear there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using chemical weapons on their own people. lou: neither the white house or pentagon elaborating on what the cons -- consequences would be, but having russia back them would be a determined outcome made by the promise of president obama in dealing with russia after winning a second term as he remarked to the russian president thinking they were off micro
and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems...
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and i know that there are some individuals who don't trust government who don't trust law enforcement. and i don't know how we can ever convince them. >> reporter: the public protection committee is expected to hold a public hearing sometime in january to take up the issue of drones. if the committee approved the drones it would go back to the board of supervisors for final approval. in berkeley, ann notarangelo, cbs 5. >> thank you. >> reporter: it will take some time for debate and talk. >> ann notarangelo, thank you. >>> muni passes will soon be free to low income teenagers in san francisco. san francisco transportation official approved the $1.6 million plan this afternoon. it should go into effect by next march. the program will run for 16 months. it's designed to help low income youth younger than 18 years old. >> this is really about equity. this is really about providing opportunity to our youth in the city. >> meanwhile, muni service was back to normal today after a trolley car hit a woman in a wheelchair last night leaving her with life-threatening injuries. and a blown tran
and i know that there are some individuals who don't trust government who don't trust law enforcement. and i don't know how we can ever convince them. >> reporter: the public protection committee is expected to hold a public hearing sometime in january to take up the issue of drones. if the committee approved the drones it would go back to the board of supervisors for final approval. in berkeley, ann notarangelo, cbs 5. >> thank you. >> reporter: it will take some time for...
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well, they are not the government. and the young man who is accused, he's still innocent, because he's innocent still proven guilty accused of this awful event is free to work at another football team. so under that theory, he's voluntarily there and he voluntarily accepts the restrictions. look, professional athletes have a lot of restrictions. stuart: extended all team members, judge? they would extend it to everybody gets one of these devices. >> now, you're going to touch the other side of me which is why are they punishing everybody because of what one person did. that's preposterous. stuart: because the reputation and value of the team is at stake. >> they have the right to do it because they are free to go work somewhere else. were the government to do it to us where we were not free to have another government, it would be a different story. stuart: they made it a contractual obligation, you sign a contract to play for the dallas cowboys and you have one of these things in your car. ? >> that's a great question.
well, they are not the government. and the young man who is accused, he's still innocent, because he's innocent still proven guilty accused of this awful event is free to work at another football team. so under that theory, he's voluntarily there and he voluntarily accepts the restrictions. look, professional athletes have a lot of restrictions. stuart: extended all team members, judge? they would extend it to everybody gets one of these devices. >> now, you're going to touch the other...
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how the federal government helps with each and every day. thank you for coming on the show tonight, it's great having her >> always a pleasure. gerri: still to come, almost free holiday travel. reaching new highs this week. should the government get out of the loan business? the loan business? we have a debate coming up.en w. i had three kids. and she bebecame the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. gerri: a ticking timebomb inside the federal budget. putting taxpayers on the hook for billions of dollars. student loans, that's what i'm talking about. escalating with delinquency rates hitting an all-time high. outstripping any other consumer debt. our student loans getting out of control? thank you for joining us. we really appreciate your time. the president is talking about higher education and how it should be an economic imperative. listen to this. >> a
how the federal government helps with each and every day. thank you for coming on the show tonight, it's great having her >> always a pleasure. gerri: still to come, almost free holiday travel. reaching new highs this week. should the government get out of the loan business? the loan business? we have a debate coming up.en w. i had three kids. and she bebecame the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go...
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all other government programs share the rest. defense, half of them 80 other programs with the other half. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you thk? >> well, the immediate impact would be on operations and maintenance. basically, cuts in training, programs will be deferred, it would have an impact in terms of our war on terror, in terms of being able to fund these prerly. whenever you talk about budget cuts, usually, you have a premise that what arehe threats that face us. what's a strategy we have to combat those threats? what is the revenue necessary to nd the execution of the strategy? now we have a situation where just take it across the board, and deal with it. i think it'sgog to be very dangerous for us. it's not that the defense budget can't be cut. we already mandated 500illion in cuts over ten years. this is another 500 billion meaning roughly, next year, starting in january, another 58 billion in 2013 comes out. that means
all other government programs share the rest. defense, half of them 80 other programs with the other half. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you thk? >> well, the immediate impact would be on operations and maintenance. basically, cuts in training, programs will be deferred, it would have an impact in terms of our war on terror, in terms of being able to fund these prerly. whenever you talk...
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democrats are professionals about big korbel government -- porkbarrel government. instead of the cheap imitation of the republicans trying to be like barack obama. charles: some republicans have done a pretty good job with spending as well. before i let you go, i want to ask about the controversy of freedom works. it is a kind of thing that the mainstream mediahas been talkg about. you let freedom works and a half. give us a little insight into what happened. >> first of all, largely unrelated to the tea party movement. i left there because i had serious concerns about the ethical and moral behavior of the senior leadership. i don't particularly want to discuss that at length. i think you will be resolved. i am consoled by my certn knowledge that time will heal all wounds and this will be all sorted out. but it has nothing to do with with john boehner's misguided sense, his colleagues, all of who were elected as republicans on the republican ticket. or the notion that peole have been dreaming about since 2009, that the tea party will dry up. tea party activists are
democrats are professionals about big korbel government -- porkbarrel government. instead of the cheap imitation of the republicans trying to be like barack obama. charles: some republicans have done a pretty good job with spending as well. before i let you go, i want to ask about the controversy of freedom works. it is a kind of thing that the mainstream mediahas been talkg about. you let freedom works and a half. give us a little insight into what happened. >> first of all, largely...
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stuart: michigan is a right to work law and the government is likely to sign it. looks like they will be the 24th ridge to work state in the united states. fracking is a way to get natural gas from shale thousands of feet underground. it is very controversial. some worry it affects the water supply and the environment. joining us now is any gruber from the environmental system, i am going to give you the chance to give a commercial here for your company. what you do if i am not mistaken is you clean the water which comes out of the ground after a capital to one operation takes place. that is what you do. is that correct? >> that is correct. stuart: this business is booming. >> business has been very good. we actually specialize in industrial waste water treatment. so we took an application that we use in the food industry and apply to oil and gas industry because both of them have one thing in common. stuart: environmentalists are concerned about fracking. if you inject this water and sand and chemicals the underground, you can pollute the water supply. you are te
stuart: michigan is a right to work law and the government is likely to sign it. looks like they will be the 24th ridge to work state in the united states. fracking is a way to get natural gas from shale thousands of feet underground. it is very controversial. some worry it affects the water supply and the environment. joining us now is any gruber from the environmental system, i am going to give you the chance to give a commercial here for your company. what you do if i am not mistaken is you...
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government. joining us, a pulitzer prize-winning editorial cartoonist. he is a two-time pulitzer prize-winning editorial cartoonist senior editor with investors business daily. great to have you with us. be appreciated so much. i love your cartoons, and i would want to adjust, if we may, go to a few more of them to get your remarks. i want to first it your idea of what you think of the fiscal cliff. you have tough find this to be rich father. >> absolutely. i always suggest, but the best tag riders in the world work for politicians. this white house is giving me plenty of fodder for curtains. and it is funny to think about these events, but a very traumatic and serious. they avoid the fiscal cliff. we are talking about over $607 billion worth of money taken out of the economy next year. lou: i just want to put up the next cartoon that we have. it matters not which one you select. but this is one of my favorites. the debt commission saying it is very difficult. is very complicated and then cut spending. i don't think you could have cut better on to the es
government. joining us, a pulitzer prize-winning editorial cartoonist. he is a two-time pulitzer prize-winning editorial cartoonist senior editor with investors business daily. great to have you with us. be appreciated so much. i love your cartoons, and i would want to adjust, if we may, go to a few more of them to get your remarks. i want to first it your idea of what you think of the fiscal cliff. you have tough find this to be rich father. >> absolutely. i always suggest, but the best...
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the government gets involved, things get mucked up. and they don't know how to run health care exchanges. they don't kno how to build bridges and stuff like that, or one other thing, if the price is kept down, as a couple of my panels have said, then, supply is limited. so you can have low cost for health care and wait nine months to see a gynecologist or high prices and get in tomorrow. >> toby, starting january 1, a whole bunch of fees from health care are going to be kicking in. >> yeah, a lot. and i think we are missing the big point here. 3.5% fee is nothing compared to not being able to medically underwrite this, in this law, they see that every insurance company right by age, family size and tobacco use and literally like the company selling life insurance policies after somebody died or after a home insurance after it burned down and we can see the premiums up 40% in many parts, that's what happened in new york. >> brenda: and that's got to be the last word. coming up. >> i need your attention please. >> brenda: boy, talk about
the government gets involved, things get mucked up. and they don't know how to run health care exchanges. they don't kno how to build bridges and stuff like that, or one other thing, if the price is kept down, as a couple of my panels have said, then, supply is limited. so you can have low cost for health care and wait nine months to see a gynecologist or high prices and get in tomorrow. >> toby, starting january 1, a whole bunch of fees from health care are going to be kicking in....
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the government is not spending. it is just we're a larger nation, one of the largest nations in the world. so we've got to get an understanding that america is a country that is not going to go back to the 1950s. we're always going to be searching and growing to make this country better and have a balanced economy. so what do we do? we start, melissa, because over the last decade previous to president obama, we have spent like, we are running water. two wars and bush tax cuts. melissa: we afree on that. >> bush tax cuts. melissa: we have spent way too much. this plan doesn't basically reform entitlement spending. we don't get our spending, with any of these three plans. even going over the cliff we don't get the spending in order. i will give you the last word. then we go on. >> the issue with the republicans they're losing this. they're losing the argument, the debate, they're losing everything. what we need to do is, to respond to the question, what do we do now in three weeks? let's go ahead and give 98% of the a
the government is not spending. it is just we're a larger nation, one of the largest nations in the world. so we've got to get an understanding that america is a country that is not going to go back to the 1950s. we're always going to be searching and growing to make this country better and have a balanced economy. so what do we do? we start, melissa, because over the last decade previous to president obama, we have spent like, we are running water. two wars and bush tax cuts. melissa: we afree...
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it only funds government for eight days. how can we be serious about staying focused on one thing in not talking about all the other issues. spending is defitely the issue we must do true enitlent reform or they will be here for thpeople currently. gerri: nobody is talking about that right now. we can't get pas the basics get to entitlements. thank you for comingon. you must come back soon. appreciate your time. >> you're welcome. thanyou for having e. gerri: an absolutete pleasure. coming up,i will be joined by moneyman wayne rgers for his take on the looming fcal cliff. >> coming up on "the willis report", does sped illed? w es this impact indivual trers? break down at this means for your gerriwillis.com. in the deh as it spirals out of cotrol. chopping debt in half. to they have th answers for sog the nation's debt crisis to mecca alo, a showdown between the epad aaa will he ne fuel cause damage your vehicle? the man behindegislaion to block the new gasole is us his take. we are on the case next on "the willis report." â™
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when it comes to government spending, the gop has the edge. to help balance the budget, spending cuts should take precedence over tax hikes, 46 to 30%. and leaders in congress who met with business leaders say they have already offered to raise tax by cutting deductions and the president has yet to counter their proposal. >> i'll be here and available at any moment to sit down with the president if he gets serious about solving this problem. >> it's possible the white house may be bluffing, the administration did order the pentagon to consider the big cuts in military spending that would happen if we don't reach an agreement. in washington, doug luzader, fox news. >> stocks closed mostly higher as wall street remains optimistic. but the economy will get a fresh update when the labor department released the november unemployment report. >> our big story here at home, police in fairfax county continue to investigate a disturbing find. >> a gun was found inside one of student's lockers. school officials ensure parents the kids were never at risk.
when it comes to government spending, the gop has the edge. to help balance the budget, spending cuts should take precedence over tax hikes, 46 to 30%. and leaders in congress who met with business leaders say they have already offered to raise tax by cutting deductions and the president has yet to counter their proposal. >> i'll be here and available at any moment to sit down with the president if he gets serious about solving this problem. >> it's possible the white house may be...
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i don't think californians are against government order paying taxes. they are just cynical the government is not being honest or responsible. we just hope and pray that they are going to do the right thing. neil: things have to be really bad when you would leave a beautiful state like that and go -o nevada. 250 degrees in the summer -- things are so bad that you believe that, leave your beautiful state to go essentially insinuate. >> thank you for having me. neil: the focus on income taxes and what's going to happen, we've been talng about that. you know, a lot of these taxes are going to soar at the stroke of midnight on january 1. ben stein says that that is the armageddon you should be hearing. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium
i don't think californians are against government order paying taxes. they are just cynical the government is not being honest or responsible. we just hope and pray that they are going to do the right thing. neil: things have to be really bad when you would leave a beautiful state like that and go -o nevada. 250 degrees in the summer -- things are so bad that you believe that, leave your beautiful state to go essentially insinuate. >> thank you for having me. neil: the focus on income...
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>> well, of course the government aproves this and runs the whole system, the federal government and essentially local governments, counties, the cities, tey created airports in conjunction with the faa. the thing is what is happening around the country what i call it the if you bud it th will come fallacy. remember, that moving, right, that was a fantasy, not reality. people don't seem to understand it. around the country you have airports in growing regions like dallas-ft. worth and atlanta because the regions are growing and they are busy they're investing airports. gerri: a lot of money around there. a lot of development around there. >> yeah. what happens is in other places around the country and look at this, wow, they're spending money on the airport and their region is growing. if we spend money on our airport i guess our region will grow. no. you have all the examples. rri: do a coupl of them. let's start with mid-america st. louis. >> outside, mid-america is actually in aurorora, illinois. meant to be a off loader to st. louis on the one hand andhicago on the other hand. th
>> well, of course the government aproves this and runs the whole system, the federal government and essentially local governments, counties, the cities, tey created airports in conjunction with the faa. the thing is what is happening around the country what i call it the if you bud it th will come fallacy. remember, that moving, right, that was a fantasy, not reality. people don't seem to understand it. around the country you have airports in growing regions like dallas-ft. worth and...
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neil: i don't deny the fact the heart is in the right place, but it's just the government. if you have to have a training program, and wait for a training program to help people, i always thought you had that built in traini program going, ready to go, but apparently not. >> well, i did have the opportunity today to speak, in person, to a cple fema reps asking about t topic. i said, there's a fox news report out saying you guys had people sight sing and not responding, and their excuse was, to your point, was that they are bringing in what's called the surge force, which are people from other governmental agencies that respond to disasters, and people coming in from washington, massachusetts, and the regular people from fema, they are trying hard, neil, but they are not getting the direction. when they get to town, that's when they train them for two to four days, and you would think, the federal government wld train them before they get to town so that they can help people immediately, and it seems like, again, the feds don't have everything in order, and we made mistakes
neil: i don't deny the fact the heart is in the right place, but it's just the government. if you have to have a training program, and wait for a training program to help people, i always thought you had that built in traini program going, ready to go, but apparently not. >> well, i did have the opportunity today to speak, in person, to a cple fema reps asking about t topic. i said, there's a fox news report out saying you guys had people sight sing and not responding, and their excuse...
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to haae to rely on government to step in? will the government run these programs? where does that money come from? >> we all know the answer to that. >> yes. we all know the answer to that. we know that the government is not able to step in. federal, state and local levels we have government budgets that are in crisis. government budgets that are in deficit at every level. there is no other backstop other than the organizations like us and others who are serving thess communities, and that it is important to understand that we have to take a fair and balanced approach. when announcing we all money to contribute to getting our fiscal house in order. we absolutely do, but we have to do it on the spending side and we have to like all the sources of revenue, all the source of revenue, not just a charitable deductions to figure out how to get our fiscal house in order. gerri: i don't know if it will happen by the end of the month. we have a long way to go. everyone seems to be talking pass themselves. thank you for coming on. appreciate your time. great information. >>
to haae to rely on government to step in? will the government run these programs? where does that money come from? >> we all know the answer to that. >> yes. we all know the answer to that. we know that the government is not able to step in. federal, state and local levels we have government budgets that are in crisis. government budgets that are in deficit at every level. there is no other backstop other than the organizations like us and others who are serving thess communities,...